Record Fourth Quarter Revenue and Attendance
AMC's revenue in the fourth quarter of 2024 was up 18% year-over-year, reaching a post-pandemic record of $1.3 billion. Attendance was also a post-pandemic record with over 62 million guests, marking a 20% increase compared to the fourth quarter of 2023.
Significant Growth in Adjusted EBITDA
AMC's adjusted EBITDA more than tripled in the fourth quarter of 2024 to $164.8 million, a 244% increase compared to the same period in 2023.
Cash Flow and Debt Reduction Achievements
AMC generated more than $200 million of cash from operating activities and $114 million in free cash flow in the fourth quarter, marking the highest quarterly cash flow post-pandemic. In 2024, AMC reduced the principal balance of its debt by $375.9 million.
Launch of New Loyalty and Subscription Initiatives
AMC launched a new loyalty program tier, Premier GO!, and announced enhancements to the A-List program, aiming to increase customer engagement and attendance.